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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Jonathan Thomas who wrote (10569)	4/28/1999 4:39:00 PM
From: Herm	Read Replies (1) of 14162

Don't get involved with IDXC. Expects a loss and the open interest is dead. Not a good stock to CC or own long. Perhaps a good short!The current raise a dead cat technical bounce. NASDAQ: (IDXC : $16 1/2) $427 million Market Cap at April 28, 1999 Trades at a Premium PE Multiple of 68.8 X, vs. the 15.7 X average multiple at which the Medical Services SubIndustry is priced.

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